Mondi group

Mondi’s acquisition of Schumacher Packaging’s Western European business has successfully completed.

Mondi CEO Andrew King has described the group’s performance last year as “resilient” amid a challenging trading environment, with the figures also revealing €13m (£10.75m) in costs related to its...

Mondi will show an expanded Nautilus recycled paper range as part of its portfolio of high-speed inkjet papers at Hunkeler Innovationdays later this month.

Mondi will take a €100m (£83m) impairment hit to close its Stambolijski mill in Bulgaria, which was damaged by a fire last month.

After losing out on its bid to buy DS Smith, Mondi has returned to the acquisition trail with a deal to acquire Schumacher Packaging’s businesses in Western Europe.